CB Richard Ellis Strategic Partners US 5 gives the Los Angeles-based global investment firm $6.4bn in buying power as it targets value-add and opportunistic real estate investments in the US with a focus on distressed assets.
Jean Eric Salata, the Asian firm’s chief executive, said investor demand had been particularly strong because of its low-leverage growth focus.
The London-based investment and asset management firm holds a second close on its pan-European fund on €168m with plans to close the real estate vehicle on €400m.
The Denver-based industrial property investor has appointed Diane Paddison as executive director of global operations to succeed president Walter Rakowich next year.
US investment bank Greenhill & Co. has hired Christopher Kirsten and six other Lehman agents to launch a fund placement division.
The US private equity firm has closed on its first global fund with money from founding investors Credit Suisse and General Electric.
The captive infrastructure firm of the US bank has closed its latest fund, which has already made more than $1bn of investments. More than 100 employees of the bank invested.
The Middle East investment firm's third private equity fund will allow foreign contractors in Kuwait to fulfill ‘offset obligations’ through an investment in the fund.
The Westport, Connecticut-based firm looks to the emerging markets and US distressed opportunities as it raises its second real estate vehicle, WCP II.
The multi-strategy assets manager has tapped Deutsche Bank veteran Robert Goodman to head its growing alternative asset unit.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: